June 15, 2020
Dalian Commodity Exchange
To all member entities and related market participants:
It is decided upon discussion that starting from the trading on June 16, 2020 (the night trading session on June 15, 2020), the combined trading volume of opening long and short positions on all the iron ore futures contracts of any Non-Futures Company Members or clients is not allowed to exceed 30,000 lots on every single day.
The hedging trading volume and market-making trading volume of opening positions shall be exempted. Accounts involving actual control relationship shall be managed as one single account.
DCE will dynamically adjust the trading limit in accordance with market conditions.
This notice is hereby released.
Disclaimer: This English translation may be used for reference only. In cases there is any discrepancy between the English version and the original Chinese version, the original Chinese version shall prevail. Dalian Commodity Exchange may change or update this English translation without any prior notice and shall accept no responsibility or liability for damage or loss caused by any error, inaccuracy, misunderstanding, or change with regard to this English translation.